You’d think by now I’d stop being surprised by how these deals happen.
But here we are — another acquisition for Employer.com, and it all started with an X DM from Amogh Chaturvedi. No banker, no deck, no 5-hour diligence marathon. Just a young founder, a great product, and a simple question: “Hey, want to buy this?”
Spoiler: we did.
This week, we announced the acquisition of Dough — an AI-enabled SMB accounting software platform built by a YC-backed team. It’s a killer product — smart, simple, beautifully designed — and it fits perfectly with our vision at Employer.com: building the back-office OS for small businesses.
But honestly, the product was a small part of the reason I wanted to do this deal. And, if we’re being honest, it wasn’t even the most important part. It’s important, sure. But more important? The product, like all good products, is a reflection of its founder - and founders really don’t get more impressive than Amogh. Present company excluded.
Maybe.
How It Happened: Needing Dough
A few months ago, I’m scrolling through DMs (finally catching up), and I saw a note from a founder I didn’t know. He’s 19, Stanford dropout, YC alum — already on his second startup. He and his co-founders had built an accounting product that worked, but during YC, they pivoted to a new AI company (Human Behavior — more on that in a bit).
Rather than mothball the product, Amogh was out there, hustling, trying to find a home for it since the product still had massive unrealized potential to help SMBs. He’d followed up a few times (note to founders: follow up — it matters), and when we dug in, here’s what stood out:
- The product was legit — real market fit
- It was built for the exact audience we serve
- He didn’t need a huge process or inflated valuation — just a good outcome for something they’d put a lot of love into.
So we moved fast, structured a pure software acquisition, and got the deal done in less than 30 days.
Rolling Out the Dough
If you’ve been following me for a while, you know what we’re building at Employer.com. We believe the back office — accounting, taxes, payroll, banking, HR — is still way too fragmented and broken for small businesses.
It shouldn’t take 6 vendors and 12 logins to run your business. We’re fixing that — piece by piece — by building the most complete back-office platform for SMBs.
Dough’s software plugs right into that vision.
- It’s modern.
- It’s founder-built.
- It gives us another way to help small businesses simplify their accounting.
Also — as any founder knows — sometimes a product just deserves to live on. Dough was that kind of product,and we wanted to help take it the next mile.
Dough: The Deal Behind the Deal Sheet
Look — I’ve done the big M&A processes. The bankers. The decks. The pitch theater. It works, but it’s exhausting.
When you can do a founder-to-founder deal — fast, clean, fair — it’s better for everyone:
- No one’s paying 6% fees, and hundreds of thousands in legal costs.
- No one’s bogged down in a process.
- The product gets to market faster.
And — maybe most importantly — it rewards the kind of hustle we should want to see more of in this ecosystem. A 19-year-old founder cold DM’ing buyers for a product that still deserves to exist?
That’s the kind of hustle I’ll bet on every time.
Dough's Secret Ingredient
I want to give a shout-out to Amogh here. He’s already done what many founders take a decade to figure out:
- Built a strong product
- Pivoted at the right time
- Got an acquisition done
- And is now heads-down on his next big thing
For those who don’t know: their current company, Human Behavior, is an AI platform that analyzes real user sessions to give better behavioral insights. It’s a smart space.
They just closed an oversubscribed seed round led by a tier 1 firm — and I'm pretty confident we’ll all be hearing more from them soon.
Starter Dough: What's Next For Employer.com
For us: we’re going to integrate Dough’s tech into our existing products at Employer.com — Bench, Mainstreet, and beyond. You’ll see it live in the coming months.
Bigger picture: we’re going to keep buying founder-built products that help us simplify the back office for SMBs.
If you’re building in that space and wondering if it’s too early to talk to us — it’s not. My DMs are open. We love backing great founders and great products, whether it’s through investment or acquisition.
Slide In: Turning DMs into Dough
A lot of people talk about how “social media is dead” or “DMs don’t work anymore.” I get it — cold DMs can feel like noise.
But deals still get done that way. Relationships still start that way.
The DM that kicked off this deal? It wasn’t some fancy intro. It wasn’t a 10-slide deck. It was just: “Hey, we built this. Want to take a look?”
That’s all it takes sometimes.
So if you’re building — keep building. If you’ve got something that deserves a home — reach out. You never know what might happen.